Friend Finder Networks formerly Various, Inc. The company primarily deals in adult entertainment , online dating , and social networking services. Its flagship online dating services include FriendFinder and its various spin-off services such as Adult FriendFinder , and other dating services targeting various territories and niche categories, such as the South America-focused Amigos.
In , the Penthouse brand was sold off. After discovering that users had been using the service to seek sexual partners, he launched Adult FriendFinder as a spin-off, followed later by other spin-offs dealing with different regions and niches. Much of the company's growth without investment capital has been attributed to its affiliate program, with more than , affiliates to date. The contemplated public offering, scheduled to reach the market on January 27, was delayed by FFN.
On September 16, , the company filed for Chapter 11 bankruptcy protection. FriendFinder had not turned a net profit since at least Ezra Shashoua, the company's chief financial officer, blamed the lower revenue on a drop in membership and increased advertising costs for affiliates, according to court documents. Shashoua also said credit card companies had refused to process transactions for the company's Internet businesses. Bankruptcy Court in Delaware.
On November 13, , it was reported that a database of over million accounts, including usernames, e-mails, and passwords, had been breached and leaked from several FriendFinder Networks websites. The breach included account data from Adult FriendFinder which constituted over million accounts , Cams. The passwords were either stored as plain text or encrypted using the obsolete and insecure SHA-1 cipher.
Contents move to sidebar hide. Article Talk. Read Edit View history. Tools Tools. Download as PDF Printable version. In other projects. Wikidata item. American internet company. Boca Raton, Florida. History [ edit ]. Bankruptcy, reorganization [ edit ]. Security breach [ edit ]. References [ edit ]. Business Week. Archived from the original on September 20, Retrieved 10 May Retrieved Presidential hopefuls bring platforms to Alabama". FriendFinder Networks Inc. Securities and Exchange Commission.
